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Americas Silver, Pershing Gold shareholders approve merger

Americas Silver Corp. and Pershing Gold Corp. shareholders approved a merger between the companies, according to a Jan. 9 news release.

Americas Silver President and CEO Darren Blasutti said that after the merger, the combined entity would look to secure financing to start production at the Relief Canyon gold mine in Nevada.

Americas Silver has been in talks with several parties interested in funding development of the Relief Canyon gold mine in Nevada. The company has shortlisted potential parties and intends to announce its plans by the end of the first quarter.